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K9 Gold (TSXV:KNC) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is K9 Gold Debt-to-Equity?

K9 Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. K9 Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. K9 Gold's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$0.18 Mil. K9 Gold's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for K9 Gold's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of K9 Gold was 0.24. The lowest was 0.21. And the median was 0.23.

TSXV:KNC's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

K9 Gold Debt-to-Equity Historical Data

The historical data trend for K9 Gold's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

K9 Gold Debt-to-Equity Chart

K9 Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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K9 Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of K9 Gold's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, K9 Gold's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


K9 Gold's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, K9 Gold's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where K9 Gold's Debt-to-Equity falls into.



K9 Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

K9 Gold's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

K9 Gold's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


K9 Gold  (TSXV:KNC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


K9 Gold Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of K9 Gold's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


K9 Gold Business Description

Traded in Other Exchanges
Address
300-1455 Bellevue Ave, West Vancouver, BC, CAN, V7T 1C3
K9 Gold Corp is a mineral exploration and development company. It is engaged in the business of identification, acquisition, and exploration of mineral interests. The company focuses on its Desert Eagle project, Stony Lake project and James Bay Lithium Project. It has a business presence in Canada and the United States of America.
Executives
Brian Morrison Director, Senior Officer
Kosta Tsoutsis Senior Officer
Jeff Poloni Senior Officer

K9 Gold Headlines

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